The overall reserves had risen $ 1.74 billion to $ 582.04 billion in the previous reporting week.
PTI
March 26, 2021 / 07:53 PM IST
Representative image (Image: AP)
The country’s foreign exchange (forex) kitty rose $ 233 million to $ 582.271 billion in the week to March 19, the Reserve Bank of India (RBI) said on Friday.
The overall reserves had risen $ 1.74 billion to $ 582.04 billion in the previous reporting week.
The increase in the overall reserves during the reporting week was largely on account of a swelling of the foreign currency assets, which rose $ 157 million to $ 541.18 billion.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Value of the gold reserves increased for the second consecutive week, and was up $ 80 million to $ 34.63 billion in the reporting week, the RBI data showed.
The special drawing rights (SDRs) with the International Monetary Fund (IMF) fell by $ 2 million to $ 1.5 billion in the reporting week.
The country’s reserve position with the IMF also declined by $ 1 million to $ 4.96 billion in the reporting week, the data showed.
